iShares Systematic Bond ETF (Ondo Tokenized ETF)(SYSBon)Onchain Marketcap$559
Onchain Marketcap by chain
Ethereum$500
BSC$40
Solana$19
Key Metrics
Active Marketcap$559
Ethereum$500
BSC$40
Solana$19
DeFi Active TVL$18
Manifest Trade$18
Solana$18
SYSBon Price$86.4
Chains3
Token Properties
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Asset Information
IssuerOndo Global Markets (BVI) Limited
ISINUS46435U7963
Registry InformationOndo Global Markets (BVI) Limited issues Ondo Stocks tokens as structured notes designed to track the performance of the corresponding underlying publicly traded stock or ETF (including dividends, which are reinvested where applicable). The notes are governed by the Issuer's Sales Terms under Swiss law. GM tokens are fully backed 1:1 by the corresponding underlying securities held with regulated custodial broker-dealers, plus an additional collateral buffer. Ondo publishes ongoing attestations and reporting for GM token backing (verified by Ankura Trust Company).
Sourcehttps://docs.ondo.finance/ondo-stocks/legal-and-regulatory
Oracle
Provider:Chainlink Price FeedsView proof
Attestations
Notes
- SYSBon is an Ondo Stocks tokenized ETF exposure designed to provide economic exposure to the iShares Systematic Bond ETF (SYSB) in an onchain format. The underlying SYSB is a rules-based ETF that seeks to track an index of US dollar-denominated bonds spanning Treasuries, securitized debt, investment grade corporates, and high yield issues. Its systematic index applies four tilts including an economic regime overlay that adjusts high yield allocations, credit quality screens to reduce default risk, a value tilt favoring bonds with stronger risk-adjusted spreads, and interest rate momentum to set target duration. The token is designed to be fully backed by the underlying publicly traded asset, together with cash in transit, held with regulated custodial broker-dealers. Holdings attestations and ongoing reporting are surfaced through Ondo trust and transparency materials and the product asset page. Tokenholders are not shareholders of the underlying and do not receive shareholder voting rights. Dividend value is reflected through total return mechanics. Ondo Stocks adjusts the token to account for dividends net of withholding taxes and reinvests that value into additional shares, increasing the shares per token over time instead of paying cash dividends directly to tokenholders.